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Topic: The New Moon for 2014 will be 1000dollars (Read 2481 times)

hero member
Activity: 703
Merit: 502
People seem to forget that something needs to trigger the price to rise. The price won't shoot up to $1000 out of the blue. The last 'moon' was triggered by the Chinese and we'll need something similar for it to rise again. The stocks of a company won't rise without good news/more publicity etc.
Open your eyes. The best programmers and business people are getting involved with bitcoin projects on a daily basis as of late

and part of the problem is that many of them are building offchain solutions. Offchain solutions do not require BTC for the vast majority of their transactions. If bitpay or coinbase have offsetting transactions they are not going to trade coins on the open market. This means transactions on the blockchain and the number of wallets do not need to grow, and the number of coins actually traded onchain does not need to increase - so the value of a BTC does not necessarily have to rise with adoption.
sr. member
Activity: 644
Merit: 250
New services are created everyday. Now everybody is in the building phase, but be sure the reward phase will soon come and rocket launch us to a new Moon Age.  Cool
sr. member
Activity: 952
Merit: 281
People seem to forget that something needs to trigger the price to rise. The price won't shoot up to $1000 out of the blue. The last 'moon' was triggered by the Chinese and we'll need something similar for it to rise again. The stocks of a company won't rise without good news/more publicity etc.
Open your eyes. The best programmers and business people are getting involved with bitcoin projects on a daily basis as of late
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
People seem to forget that something needs to trigger the price to rise. The price won't shoot up to $1000 out of the blue. The last 'moon' was triggered by the Chinese and we'll need something similar for it to rise again. The stocks of a company won't rise without good news/more publicity etc.
hero member
Activity: 616
Merit: 500
the bitcoin time is like 10x normal time for other investiments. So many many things still can and will  happen. The same way bct lost half value in few months, it can regains value in the same time
sr. member
Activity: 448
Merit: 250
If the past is any indication, next bubble phase will see btc price at around $4800. AND, here's the interesting thing, it won't crash below $2000 for any sustainable period.
sr. member
Activity: 317
Merit: 252
According to my very simplistic model, by the end of the year, we could reasonably be at $2k. The "to the moon" scenario is $12k+. OTOH, the bad scenario is $350.

Code:
  n.fut       date p_5  p_50   p_95
1     0 2014-05-08  NA   446     NA
2   237 2014-12-31 354 2,110 12,600

For an explanation, see https://bitcointalksearch.org/topic/non-spreadsheet-long-term-predictions-600802
full member
Activity: 235
Merit: 100
I was promised da moon
Anyway, OP talks about "new moon". There's a difference to "full moon" Wink
sr. member
Activity: 322
Merit: 250
If/when the price starts to skyrocket, it's definitely going to go above $1000. It's not about the literal value of the price, but about the % increase. The bubble last year was a 1000% increase in price, so unless the price gets back down to 100, expect the price to go higher. I believe that if the price started to go to the moon right now, it would reach about $4500-$5000. I also think the price will be lower before it starts to spike again. I wouldn't be surprised to see it dip down to around $300 at some point and then shoot up to around $3000. I guess we'll see what happens.
hero member
Activity: 798
Merit: 1000


Funny how OP's post was ridiculed 2 months ago but now seems to be quite correct. The adoption rate appears to be slowing down and many people who bought at $1000 are hoping the price goes up so they can dump their coins.

They wont dump their coins that they bought for $1000 when it actually gets there though. That would be selling into a rally and something that most people cant/wont do.
hero member
Activity: 742
Merit: 500

Funny how OP's post was ridiculed 2 months ago but now seems to be quite correct. The adoption rate appears to be slowing down and many people who bought at $1000 are hoping the price goes up so they can dump their coins.

You understood OP's post?
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
But is the case of new altcoins that are better than the bitcoin in many ways, they will take care to keep the price more sensible to the
Bitcoin has more name is, and support of thousands of people, but also fighting alts so.

Did you write that post in Chinese and put it through Google translate?  Tongue

Funny how OP's post was ridiculed 2 months ago but now seems to be quite correct. The adoption rate appears to be slowing down and many people who bought at $1000 are hoping the price goes up so they can dump their coins.
legendary
Activity: 1697
Merit: 1074
But is the case of new altcoins that are better than the bitcoin in many ways, they will take care to keep the price more sensible to the
Bitcoin has more name is, and support of thousands of people, but also fighting alts so.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
looking bearish

seems only the delusional perma bulls think price will be going up

to the moon, $5k in july, its nothing but some cash lets go Cool
Roll Eyes Roll Eyes Roll Eyes

Bearishness=puberty angst.

 Smiley Wink Cheesy Grin
legendary
Activity: 2338
Merit: 1035
looking bearish

seems only the delusional perma bulls think price will be going up

to the moon, $5k in july, its nothing but some cash lets go Cool
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Soon 1/3 of the year has passed and we are 50% DOWN on the btc price in november.
It will be successful for BTC if it will REACH 1000dollars again this year. Who knows if it does.
That BTC will go past 1000, 1500 even 2000 is out of question as we have problems even reaching the price that was 4 months ago.

November? 4 whole months ago?

Wow. That's as long as the whole 4 months from the peak of the June 2011 bubble to the "Bitcoin is dead" capitulation of October 2011.

*** Insert appropriate log chart and bear ridiculing image ***

Silly little bears. Grow up. Bitcoin didn't start in November.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
This thread is funny.  Cheesy

Hilarious.  Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!


"moon phases" indicator. I'm not quite sure how to use it.

Looks like it will chill a bit and then head on up to $5,000/BTC   Cheesy
hero member
Activity: 742
Merit: 500

Can it even do more like?
legendary
Activity: 1188
Merit: 1016
 Cheesy ^^absolute class
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